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The share price of British warehouse company Segro has jumped about 7% after it said it would be willing to accept a takeover offer from US rival Prologis.
Segro said last night after the market close that it would accept Prologis approach if it makes a firm offer, after rejecting a first £12.6bn offer and two further approaches.
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This article was originally published by The Guardian and written by Jasper Jolly.
Read original article on The Guardian